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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFollowing its issue by auction of equivalent treasury bonds (OAT), on February 3, 2021, Burkina Faso received more than 33 billion FCFA, or 49,500 million euros. The absorption rate at the end of the operation is 25.52%
.The General Directorate of the Treasury and Public Accounting of Burkina Faso collected 33 billion FCFA on the UMOA financial market. The 5-year OAT has a coverage rate of 430.98% for the amount put out to tender. For an amount auctioned by the issuer of 30 billion FCFA, the Burkinabe public treasury was offered by investors a total amount of tenders of 129.293 billion FCFA.
The issuer retained 33 billion FCFA and rejected the remaining 96.293 billion FCFA, i.e. an absorption rate of 25.52%. These funds raised are intended to cover the financing needs of the Burkinabe state budget. The issuer intends to repay the securities issued on the first business day following the due date of February 4, 2026. The annual interest rate is 6.25%
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